1030 Lynn AvePoint Pleasant BoroughNJ08742
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Total monthly income runs $2,472/mo, and a $2,721/mo payment. Purchase price stands at $556,000, and rental yield measures 5.34% with $2,472/mo rent. Return on cash invested shows 10.28% in year one, and 5% annual appreciation builds toward $153,613 over five years. Five-year ROI reaches 52.44% and total cumulative return in cash records $95,925. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,472/mo property income covering a $2,721/mo payment rather than investor’s personal income.
Single Family
Built in 1959
8,239 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08742, Point Pleasant Beach, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,538 (100%) |
| Owner Occupied HU | 8,496 (62.8%) |
| Renter Occupied HU | 2,081 (15.4%) |
| Vacant Housing Units | 2,961 (21.9%) |
| Median Home Value | $683,241 |
| Average Home Value | $772,081 |
Housing Distribution
Address Breakdown
Residential
12,450
Single Family
12,242
Multi-Family
208
Businesses
1,303
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Listed by: N/A • N/A
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Mls ID: #N/A